The Program for Public Consultation carried out a different kind of budget poll -- they asked each of their respondents to generate a package of tax increases and spending cuts sufficient for substantial deficit reduction, then averaged the results. The outcome was not what you might expect. The mean package included twice as much tax increase as spending cut: big deficit-reducing moves included substantial income tax increases for the highest brackets and deep cuts in defense spending. Republicans cut less spending than Democrats, as did people who identified as "very sympathetic to the Tea Party." Hardly anybody likes the reduction of the estate tax. Why is the public consensus so different from the Washington consensus? Read the full report (.pdf) Or try the interactive budget exercise.
posted by escabeche on Mar 6, 2011 - 52 comments

Bruce Bartlett, senior policy analyst in the Reagan White House, speaks out against Republicans - The monumental hypocrisy of the Republican Party is something amazing to behold. And their dimwitted accomplices in the tea-party movement are not much better. They know that Republicans, far more than Democrats, are responsible for our fiscal mess, but they won't say so. And they adamantly refuse to put on the table any meaningful programme that would actually reduce spending. Judging by polls, most of them seem to think that all we have to do is cut foreign aid, which represents well less than 1% of the budget. [more inside]
posted by kliuless on Jul 26, 2010 - 156 comments

Yesterday, US President Obama signed a $680bn military policy bill, which cuts military spending, including $2bn in funding for new F-22 fighter jets. However, the bill also contained the first major piece of federal gay rights legislation, and fulfilled an Obama campaign promise: acts of violence against gay, lesbian, bisexual and transgender people have now been added to the list of federal hate crimes.
posted by zarq on Oct 29, 2009 - 219 comments

Overly confident in the economic health of the United States? Feeling sanguine about current spending levels? Haven't yet been scared out of your wits about your financial future? No worries! The U.S. National Debt Clock page is for you! Your one stop shop for all things financial meltdown related: Total debt, debt per citizen, budget deficits and spending year-to-date, total governmental bailouts, and much much more!
posted by Justinian on Jun 26, 2009 - 77 comments

Death and Taxes: A Visual Look at Where Your (U.S.) Tax Dollars Go
posted by Space Coyote on Jan 3, 2005 - 37 comments

Where is our money going? According to the Congressional Budget Office, not only is the Bush administration asking for 87 billion dollars to cover Iraqi reconstruction, but they're also unable to account for 2.5 billion of the 4 billion dollars that they're spending per month in Iraq.
posted by bshort on Sep 18, 2003 - 34 comments

Political Fratricide: The GOP is reportedly [+] proposing $15 billion of cuts — or is it $25? — in veterans' benefits between now and 2007, and groups like the Veterans Against the Iraq War are hopping mad. Hell, I imagine the pro-war wing is pretty peeved, too. It's part of a plan with delusions of grandeur to deliver massive tax cuts AND kill the deficit ... you know, the one that did not exist before W was elected, as I understand it ... in six years. The original tip is from Stand Down. The actual status of the cuts is nebulous at this point, however, with the SF Chron reporting that they will likely fail in the Senate as the tax cut is halved and others reporting that the die is not yet cast. The House budget resolution, for metafilter accountants who like these things, is here.
posted by hairyeyeball on Apr 1, 2003 - 12 comments

An imaginative solution to California's school budget crisis.
posted by semmi on Jan 24, 2003 - 24 comments

"Hang in there, help is on the way."

The director of the White House Office of Management and Budget, Mitchell E. Daniels Jr., recently asked the Defense Department to lower the 2004 pay raise from its expected 3.7 percent to 2 percent. Daniels also wants future raises tied to inflation, rather than basing boosts on what civilians doing comparable jobs in the private sector might make.

Many of our military families already qualify for welfare and food stamps. Pay raises are out of the question when there's NMD and tax cuts to the wealthy needing funding.
posted by nofundy on Dec 23, 2002 - 7 comments

"All this costs money. It costs more than we have." One year ago today, U.S. Defense Secretary Donald Rumsfeld warned of a "subtle and implacable" adversary whose "brutal consistency...stifles free thought...and places the lives of men and women in uniform at risk." It wasn't freedom's obvious foes; he was referring to waste in the Pentagon. The DOD uses so many different financial systems and interfaces it won't have auditable books for another five to 10 years. It still manually enters purchases made with electronic purchase cards. It fires whistleblowers who call attention to shady missile defense deals. And every year, it completely loses track of a quarter of the world's biggest military budget.
posted by mediareport on Sep 10, 2002 - 7 comments